Global polycarbonate composites market is significantly driven by automotive industry as it is emerging as an important end-user segment over the forecast period. Though the market share by volume, held by automotive plastics in continuous fiber reinforced thermoplastic composites market is moderate, it is likely to witness CAGR close to 6% in the coming years. Companies such as SABIC, Exatec and RTP Company are developing polycarbonate composites for new applications which will be used to manufacture different parts of automobile such as sunroofs, door panels, etc. —
According to the report, the global Polycarbonate Composites Market size will exceed USD 3.2 billion by 2025. Rapidly growing electrical & electronics industry is also projected to drive the continuous fiber reinforced thermoplastic composites market during the forecast period. This can be attributed to the growing middle-class, changing lifestyle and increasing smart electronic devices penetration across the globe. PC composites usage in electrical & electronics industry growing with an accelerated pace owing to its properties such as good heat temperature resistance, high strength and superior electrical insulation.
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Asia Pacific was the largest continuous fiber reinforced thermoplastic composites market in 2018 and forecast to grow with a highest CAGR during the forecast period. This can be attributed to the rapidly growing end-use industries in the region. Medical industry in the region is growing with a highest CAGR from past few years and forecast to grow with a highest CAGR during the forecast period. Increasing medical tourism in countries such as India, China owing to the cost effectiveness will propel the PC composites demand over the forecast period.
Carbon fiber filled polycarbonate composites market will be growing at a significant CAGR during the forecast timeframe. Carbon fibers improve the flexural strength and strength to weight ratio of polycarbonate, which makes it suitable for use in automotive and electrical engineering applications. Carbon fibers reinforcement in polycarbonate resin enhances its flame retardance and thus it is widely used in making electrical fibers.
Medical instruments will be growing with prominent CAGR in global market during the forecast timeframe. Glass fiber filled PC composites with varying reinforcement give flexural strength, dimensional stability and toughness which is utilized to make connectors such as check-valves, stop-cocks, y-injection sites, etc. in medical applications. Polycarbonate composites (with different percentage of reinforcement) are used in making devices that resist radiations, high temperatures and lipids.
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The continuous fiber reinforced thermoplastic composites market is highly competitive with player such as Chi Mei Corporation, Mitsubishi Chemical Corporation, SABIC Innovative Plastics, LG Chem and Covestro operating in the business. Chinese manufacturers are expanding plant capacity for polycarbonate composites manufacturing to stay competitive in the global market. Raw material manufacturers are also forward integrating their business process, which will compete the major players in terms of product supply in the coming years. Covestro and The Bond Laminates GmbH (a subsidiary of Lanxess) offer wide variety of PC composites depending on the percentage of reinforcement of glass, carbon or other such materials.
Browse key industry insights spread across 280 pages with 225 market data tables & 22 figures & charts from the report, “Polycarbonate Composites Market Size, By Reinforcement (Glass Fiber Filled, Carbon Fiber Filled), By End-user (Consumer Electronics, Medical Instruments, Electrical Engineering, Automotive Plastics) Regional Outlook (U.S., Canada, Brazil, UK, France, Spain, Italy, Russia, China, India, Japan, South Korea, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Partial Table of Contents (ToC) of the report:
Chapter 4. Polycarbonate Composites Market, By Reinforcement
4.1. Global Continuous Fiber Reinforced Thermoplastic Composites Market reinforcement insights
4.2. Glass fiber filled
4.2.1. Market estimates and forecast, 2014 - 2025
4.2.2. Market estimates and forecast by region, 2014 - 2025
4.3. Carbon fiber filled
4.3.1. Market estimates and forecast, 2014 - 2025
4.3.2. Market estimates and forecast by region, 2014 - 2025
4.4. Others (CNT, graphene, aramid fibers, etc.)
4.4.1. Market estimates and forecast, 2014 - 2025
4.4.2. Market estimates and forecast by region, 2014 – 2025
Chapter 5. Polycarbonate Composites Market, By End-user
5.1. Global Continuous Fiber Reinforced Thermoplastic Composites Market end-user insights
5.2. Consumer electronics
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Market estimates and forecast by region, 2014 - 2025
5.3. Medical instruments
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast by region, 2014 - 2025
5.4. Electrical engineering
5.4.1. Market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast by region, 2014 - 2025
5.5. Automotive plastics
5.5.1. Market estimates and forecast, 2014 - 2025
5.5.2. Market estimates and forecast by region, 2014 - 2025
5.6.1. Market estimates and forecast, 2014 - 2025
5.6.2. Market estimates and forecast by region, 2014 - 2025
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/polycarbonate-composites-market
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